Alright fags here are my thought as promised. For those who don't know, I've been posting my astrology reading and advising to not buy over $6000 until trend reversal or support confirmation, we have both now.
This support line has been holding solid despite of the increase of volume. BTC was primed for a three dives pattern (which is a bullish pattern) but at this point looks like It won't go all the way to the bottom.
Yesterday we had the most highest volume since April 15th and the most bullish since February 6th. This phenomenon happens to combine with an increasing Shorting pressure which may start another cascade effect like we experienced on April 12 due to shorts buying BTC to prevent position liquidation.
TL;DR This is officially the first higher low we experience in a cycle since the great market crash. It coincides con 2 very bullish indicators so we may see a higher high this time.
If all of this come true as it looks like we are in for a perfect cup and handle formation by February (remember SEC can extend their decision about CBOE's ETF up to the third week of February 2019) leading to a possible ATH regardless of the outcome.
Actuall TA expert here. Im based towards btc, despite that i have to disagree, there is no confirmation yet. We first need a lower low to pop off support like crazy. And i mean really crazy. Should be between 5800-4400. on bigger time frame btc still accumulates. Its all in the chart, we just need more patience. Moon mission will come but first a lower low is needed.
Juan Rodriguez
Ohhh shit it has begun. The golden bullrun is upon us
Nolan Hall
not bad OP however I'll take few grains from this guy for sure it cant last forever and we're somewhere near. good observation
Colton Carter
But what about the astrology? Isn't there still some sort of Mars retrograde that's blocking saturn?
Oliver King
i've been debating creating and air dropping 0xCHAN to all of you just to see what happens...
Jack Sanchez
I am LINK bag holder, I do not need more shitcoins.
OP: Next bullrun do not start until 2020, a lot of time to accumulate.
Carson White
but what if...
Angel Foster
Bruh Im literally showing you how we rejected a lower low. I've liked to buy for cheaper but looks like it won't come, don't let your emotions make a mess of your trades.
>there is no confirmation yet. Take a look at the volumes we are trading and the price action, wtf is confirmation for you.
>We first need a lower low to pop off support like crazy. No we don't? I just said we were primed for a lower low but $5800 clearly rejected it for days despite the current market sentiment.
Im trading based in observations not on what I want to happen, yeah I was calling for a $4200 bottom based on the price action of a couple days ago and the three dives pattern but it didn't happen, instead, $5800 step in yet again which quite remarkable.
What's your zodiac sign? I'll tell you which coins to buy.
